FATF meeting begins today to decide Pakistan’s fate

[A.A. Khan]

Since PTI has turned out terrible and an utter failure this PTI Youthiya @Norwegian has become mentally affected doing rona with foam in his mouth. Calling every critic a patwari rofl patwaris are in extremely happy place and want PTI to complete term so that they also are wiped off the Punjab map like PPP.
@hussain0216
India main reason to push for FATF was the infrastructure development under CPEC.Dam building, highways and power plants, fibre optic on aiib loans while Pakistan can spend on its military and other sectors while China raises standard ofliving. Modernizing the infrastructure. This impacted the import bill but the Saudi, Qatar and other investors trying to compete for these power plants shows this was money well spent. Cpec next target was to fix power distribution while PPP AND PTI both have been taking loans to fulfil govt. spending while cutting funds for health, education, infrastructure as well as provinces. Private sector due to insensitive rule of Imran Khan wants to throw him out as soon as possible activating mafia and other ways to hit him.

 

[Syed1.]

Since PTI has turned out into an utter failure yhis PTI Youthiya

Only 2023 elections will decide if they are failure or not.... Aek baap ka hai tu hara ke dekha

 

[Zane_K]

next two weeks are important..somehow the committee will only come to a conclusion after Trump signs deal with Tali and leaves Afghanistan.The way FATF moved the decision up to February was a blatant laugh on its credibility.

I understand political affiliation

What I cannot comprehend is a utterly corrupt mindset of these PPP or Pmnl supporters, they would rather Pakistan be ruined then let someone attempt reform

They would rather rule over a broke, weak and useless Pakistan
Then a strong independent Pakistan ruled by a loyal citizen

I agree..I’m not really into Pakistani politics as it’s utterly mind bending..though I pay some attention to what the PM is saying and doing ... only other regional mobs I know of are the..‘Nawaz Sharif Syndicate’ & the one headed by little man syndrome, Caesar imposter who just makes me cringe.
I’m just interested in a forward thinking reformist. Pakistan deserves & desperately needs this.

 

[Dalit]

Our economy is now being
governed by IMF white list grey list or black list is now irrelevant. Stagflation will remain, people will remain poor while the corrupt mafia bureaucrats will get more free money to settle their cash and children abroad for selling their country.

Our economy was always under the mercy of IMF. Long before Imran Khan came into power. Nawaz Sharif, Zardari and Benazir Bhutto all amassed massive loans for Pakistan. Once you are in getting out is difficult. You know this too.

The real question is not even getting IMF loans in my opinion. It is what you do with these loans. How you spend it. Unfortunately during previous tenures the loans were spent unwisely and mostly for self-enrichment.

Having said that, it will take time for anyone to take strong action against corrupt officials and bureaucrats in Pakistan. These people are strong. They have established themselves deeply into the system. What any clean political party needs is a heavy majority. This will give a strong mandate to tackle corruption. PTI doesn't have a full strong mandate yet. PTI can only try to contain under these circumstances. Rooting out corruption is not possible with current mandate.

 

[Norwegian]

Since PTI has turned out terrible and an utter failure this PTI Youthiya @Norwegian has become mentally affected doing rona with foam in his mouth. Calling every critic a patwari rofl patwaris are in extremely happy place and want PTI to complete term so that they also are wiped off the Punjab map like PPP.

Hahaha. PTI will be wiped out but will never be replaced by PMLN or PPP. So keep on dreaming, Patwari!

 

[American Pakistani]

We will come out of the grey list this time.

US/Trump are desperate for a deal with Taliban and leave Afghanistan safely.

The only country that can make it happen is Pakistan.

Pakistan should ask for something big in return of Afghanistan deal. Like Kashmir issue resolution, preference to made in Pakistan goods, and advance military tech such as F16 or something. FATF should be side appetizer kinda thing.

 

[A.A. Khan]

Hahaha. PTI will be wiped out but will never be replaced by PMLN or PPP. So keep on dreaming, Patwari!

Lol first see PTI it is PML N AND PPP B team.
I really hope that we fid another option but what did PTI do as a third option?
PML N never lost Central Punjab and its likely they'll recover North Punjab and KPK also.
PML N in centre used to give dev. funds to the provinces like KPK. Under PTI thanks to IMF all KPK education and health projects are stalled, hahaha. PTI in centre cant even fund its own support base and constituent province.

 

[Flight of falcon]

I swear these Patwaris have a Brain clots from eating too much khota biryani.

Nawaz deliberately didn’t do anything to fulfil FATF action plan because the tubbar would have been the first casualty of implementing any such plan.


The news today is that Pakistan has a zero chance of getting on black list. If I am not mistaken we have met completely parameters on 19 of 30 requirements.

They are now going to decide if we have earned enough trust to be let go from gray list or kept there for 3-6 months to meet the remaining criteria.

This hard work and great feat was achieved only in the last 16 months.

So basically Nawaz and tubbar had the following plan:

bankrupt country ..... Cause default
Fail FATF requirements.... financial black listing and getting kicked out of SWIFT..
Give secrets to Infia and sell out Kashmir so our army will be attacked and Pakistan destroyed .....


Looks like Patwaris failed in every plan......

watching and realizing they decided to take off to England leaving their harami supporters behind to do randi Rona to keep their memory alive......

don’t worry give IK two more years and he will castrate Patwaris to avoid any more genetic degradation.

 

[That Guy]

If we don't come out of FATF, there won't be an agreement signed between Taliban and USA. FATF decision comes before.

Not really.

Pakistan will likely remain on the FATF grey list, but if it continues down it's current path, it will probably be removed before the year is finished.

The Afghan deal will go through, no matter what happens. The afghan war is far more damaging to Pakistan.

 

[Dual Wielder]

You seem to be on some conspiracy theory drug or something. India was bankrupt in 1990 and went to IMF to save itself. The resulting reforms made India the economic power it is today. Where is Pakistan now? Why can't Pakistan fix its economy after financial crises as India did instead of going to IMF again and again?

The program of economic policy reform which was put in place in 1991 has yielded amazing results, dramatically improving the quality of life in India.

The Indian GDP rose from $266 billion in 1991 (inflation adjusted) to $3 trillion in 2019 (1100% increase) while its purchasing power parity rose from $1 trillion in 1991 to $12 trillion in 2019 (1100% increase).
https://en.wikipedia.org/wiki/1991_Indian_economic_crisis

Ah the 1991 economic crises, where they were forced to charter a good chunk of their national gold reserves on a plane to the Bank of England in order to secure a bailout package.. it did pay off in the end, likewise being in a similar position today.. what did we do? We organised a VIP getaway plane, for the most prominant Mafia Don on the continent, so he could regroup and plan his next heist, instead of extracting the 10's of billions USD of illicit money owed to the state.

 

[BATMAN]

Why is Imran Khan not interested in taking measures to stop money laundering i.e. hundi business and flight of forex from Pakistan to neighboring states?

 

[Norwegian]

Lol first see PTI it is PML N AND PPP B team.
I really hope that we fid another option but what did PTI do as a third option?
PML N never lost Central Punjab and its likely they'll recover North Punjab and KPK also.
PML N in centre used to give dev. funds to the provinces like KPK. Under PTI thanks to IMF all KPK education and health projects are stalled, hahaha. PTI in centre cant even fund its own support base and constituent province.

No thanks to IMF. Thanks to reckless debt and deficit increase in your favorite pmln govt, leaving no money behind to spent on except debt.

Ah the 1991 economic crises, where they were forced to charter a good chunk of their national gold reserves on a plane to the Bank of England in order to secure a bailout package.. it did pay off in the end, likewise being in a similar position today.. what did we do? We organised a VIP getaway plane, for the most prominant Mafia Don on the continent, so he could regroup and plan his next heist, instead of extracting the 10's of billions USD of illicit money owed to the state.

That's the difference between nations. When Indians faced a financial problem, they went after the problem and eventually fixed it. When Pakistanis face similar problem, they start blaming everyone else except themselves. Hence the problem is never fixed and keeps coming back.

 

[PAKSpecialForces]

Enjoy:

One consequence of CPEC has been a considerable increase in imports of Chinese products such as construction materials. Pakistan ran a trade deficit of over $10 billion with China in fiscal 2018, a fivefold jump in five years. As a result, the country's overall trade deficit grew to $31 billion, wiping out $10 billion of foreign-exchange reserves in the past two years. The country was left with a mere $9 billion in foreign-currency deposits as of July 20, less than enough to cover two months' worth of imports.

The Pakistani government also needs to contend with rising debt repayments. The country's foreign debts were equal to 28.5% of gross domestic product at the end of fiscal 2018, according to the IMF. Foreign debt repayments will surge to 6.6% of GDP in fiscal 2021, up from 3.5% in fiscal 2018.

Total tax revenue stands at around 13% of GDP, half of which will be needed to pay back foreign debts, meaning the government will have severely limited fiscal leeway.
https://asia.nikkei.com/Economy/Belt-and-Road-headache-awaits-Khan-as-Pakistan-PM


Enjoy more:

Structural problems in Pakistan's economy remained unaddressed. Current account deficits widened as exports declined and imports jumped, putting pressure on the nation's foreign exchange reserves. Increased deficit spending resulted in bigger budget deficit and heavy borrowing. Public debt and debt service costs climbed. School enrollment and literacy rates remained essentially flat in the last 5 years and Pakistan continued to rank low on human development indices. Here are some of the details:


1. Pakistan's exports have plummeted from about $25 billion in 2013-14 to about $20 billion in 2016-17 under PMLN government. Exports in first 9 months of current fiscal year 2017-18 have been recorded at $17 billion. The trade deficit for the first nine months of fiscal 2017-18 reached $27.3 billion. This situation has forced the government to borrow more in international debt markets at commercial rates. The country now faces the prospect of going back to the International Monetary Fund (IMF) for yet another bailout.

http://www.pakalumni.com/profiles/blogs/nawaz-sharif-s-report-card-2013-18

Your first source is from "New Delhi" and is an opinion piece rather that a factual one. Hardly a reliable and partial source. The second one is an opinion piece based on nawaz sharif's economic performance. Nothing more.

 

[Verve]

And pigs fly.

Alongside Indian Hanuman Army!

 

[HaMoTZeMaS]

Correction needed!!

Who the HELL is FATF to decide the "FATE" of Pakistan